FS - Risk Consulting - SFAS ABS-RMBS - Manager_BLR/Kochi
Job description
At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we’re counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all.
Structured Finance – Transactions – Manager
EY is the only professional services firm with a separate business unit (“FSO”) that is dedicated to the financial services marketplace. Our FSO teams have been at the forefront of every event that has reshaped and redefined the financial services industry. If you have a passion for rallying together to solve the most complex challenges in the financial services industry, come join our dynamic FSO team!
The opportunity
The Structured Finance Team specializes in addressing varying needs of market participants in the securitization marketplace across asset classes, including asset- backed securities (ABS), commercial mortgage- backed securities (CMBS), residential mortgage- backed securities (RMBS) and collateralized loan obligations (CLO). The securitization market is a dynamic marketplace, continuously evolving with new regulations and technological advances every day. This a great opportunity to work in this fast-paced transaction business, support diverse engagement teams, work with a wide variety of clients and lead business development activities on strategic and global priority accounts.
Your Key Responsibilities
The primary role of the SFT transaction team is to perform agreed-upon procedures (AUP) to help clients execute securitization transactions successfully.
- Supervising a team of staff and seniors related to performing AUP work on each securitization transaction engagement using various software applications.
- Review transaction modeling and analytics, which involves cash flow modeling, recalculating certain collateral quality and concentration limitations set out in each transaction’s indenture, including bond principal and interest payments, credit-enhancement, hedging instruments, fees and waterfalls for structured deals
- Adept at understanding and interpreting complex structures, pricing assumptions and market data to independently evaluate the overall transaction.
- Review offering documents to verify information is accurate, complete, and conforming with industry and market standards.
- Manage deliverables expectations and timings with various parties involved which includes Onshore team and clients.
- Work with and interact with front-office investment banking clients daily.
- Responsible for preparing and issuing Agreed-Upon Procedure reports and invoices.
- Train, mentor and counsel the junior team members on common modeling structures and troubleshooting techniques through continuous on-the-job constructive feedback.
- Conduct regular performance reviews and set expectations and goals for the team members.
- Maintain positive team attitude.
- Flexibility to work in cross-teaming projects as per business needs.
Skills and attributes for success:
Strong leadership, teaming, technical and relationship- building skills and integrity. These skills along with having a consistent commitment to delivering only the highest quality of work products to your clients, will allow you to easily integrate into the SFT transaction team and reach your professional development goals.
To qualify for the role, you must have
- A bachelor's degree in Accounting, Finance, Economics, or a related discipline and approximately 8 years of related work experience; MBA or equivalent preferred.
- Minimum 5+ years of experience in financial cashflow modeling securitization transactions in Excel/VBA or any industry standard software applications such as Intex, Bloomberg or TREPP would be helpful and spreadsheet modeling skills will be a plus.
- At least 3 years of experience in supervising and training staff.
- Ability to work independently and excellent prioritization skills and a commitment to meeting client deadlines.
- Strong communication skills for report writing, client presentations and client interactions.
- Proficient skills with MS Office, including Excel, Word, and PowerPoint.
- Strong organizational, analytical skills, problem-solving skills and high attention to detail.
- Flexibility and willingness to work more than standard hours when necessary to meet client deadlines.
- Willingness to work in shift based on the role hired for.
Ideally, you’ll also have
- Prior structured finance experience.
What we look for:
- Individuals who demonstrate in-depth technical capabilities and professional knowledge.
- Knowledge of loan/asset characteristics.
- Knowledge of CAS and/or structured finance related modeling tools.
- Ability to work in shifts per capital market needs.
- Strong analytical skills with attention to detail & accuracy.
- Ability to quickly assimilate to new knowledge and possess good business acumen.
- Polished verbal and written communication skills in English.
What we offer:
EY Global Delivery Services (GDS) is a dynamic and truly global delivery network. We work across six locations – Argentina, China, India, the Philippines, Poland, and the UK – and with teams from all EY service lines, geographies, and sectors, playing a vital role in the delivery of the EY growth strategy. From accountants to coders to advisory consultants, we offer a wide variety of fulfilling career opportunities that span all business disciplines. In GDS, you will collaborate with EY teams on exciting projects and work with well-known brands from across the globe. We’ll introduce you to an ever-expanding ecosystem of people, learning, skills, and insights that will stay with you throughout your career.
- Continuous learning: You’ll develop the mindset and skills to navigate whatever comes next.
- Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
- Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs.
- Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs.
EY | Building a better working world
EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.
Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.
Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.